Includes bibliographical references (p. 231-240) and index.
A risk advisor for top financial institutions explains how limitless risky behaviors toppled a 158-year-old institution, using the story to illuminate the interconnection of the global financial system, as well as broader policy implications.
the lessons of Lehman Brothers and how systemic risk can still bring down the world financial system
Lehman Brothers (1993-2008)
Global Financial Crisis, 2008-2009
Financial crises, United States, History, 21st century